Business leaders hopeful with Obama at helm - Nashville Business Journal:

lebexab.wordpress.com
Barry Smith, president of “Hopefully it will bring a degree of stabilityh to thefinancial market. Now that there clearly is a new administratiom in chargeof policy, perhaps, banks will get back to doinv business again. “It’s a littlee too soon to say much in the wayof specifics, but a more positivee outlook in general should help fuel a changr in consumer attitudes.” Ron Samuels, president of "Fodr banks it’s going to mean that there’zs going to be a significant focuz on regulatory change. The bankws that are participating in the TARP are going to get some guidelinesson what’s expected.
They're going to be closing the gate on the more complicatefd financialtools — kind of a back to the basics. You’rew going to see interest rate remainlow ... and mortgags rates are going to be reducedfeven further. “As a I think there’s goingb to be more regulatory It’s going to require our banks to go back to the fundamentals of good lendingpractices — verificationj on income and a requirement of more equity in mortgaged loans, reviewing the overall capacity and the abilityt of people to repay their Richard Herrington, president of of course, in not an island to and right now what the national economu needs is a little hope and invigoration.
That’a a big part of the economi c crisiswe have. My hope is that the new administrationm will provide some of that hopeand "The banking industry is at the centerr of the economic crisis. One of the focuses he has to have is to reinvigorate thebanking industries. For the banking for us, to be healthy the economy has tobe healthy." Davis Ingram, chairman and president of "My wish for the new presidenft would be that he would cut the federal government in half just as any business would have to do in difficultt economic times. ...
Unfortunately, I think the new president believes that the more governmenyt employeeswe have, the better the nationb and the econommy will be. "I’m involved in the distributio of DVDs andvideo games. Probably my business will prospe r in aneconomy that’s faltering." Mariam Paramore, senior vice president of corporatse strategy for Emdeon Business Services "k suppose we are all hope we’re going to get part of the economix stimulus money. "We’re certainlyg excited about president’s focus on health care and specificallg on health information technologg to improvehealth care. ... He understand the need to creatse efficiencies inhealth care.
"